The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-09-20
FINANCE AND COMMERCE.
Honey 8 Per Cent, New York Ex
change Par Selling.
Cotton Sseady - IIiddIfng Cotton,
Se-safes To-day 900
Sales.

hPfEAL OFf1CE,
MONDAY EVENING. September IL. 1887.
The local money market is very firm
at s per cent. and funds have become
scarce. Offerings Of money have
ceased altogether, and the banks are
limiting Themselves to their regular
custom. The local stock ard bond
market is very dull, the scarcity Of
money prohibiting any desire to
operate; hence very few transactions
are made, and these are bare OF inter.
esting features. The local cotton mar.
ket remains steady, with liberal re-
ceipts and sales.
New Orleans spots closed very firm,
and futures declined from 8 10 8 points.
At Nav York the market closed firm,
all grades having advanced Lice, with
September futures up 2 points and the
late months cfi iion 2 to 8 points.
A leading New York cotton circular,
oflthe 10th says Of the market: "Cot.
ton contracts opened weaker and fell
of 8 to 9 points. The offerings, how.
ever, were not Of great magnitude, and
when demand becsm, little sharper,
q recovery took place, and some evi
dence Of greater anxiety regarding
September options, where the strength
seemed to bs most pronounced. Still,
the gain was not permanent, and ne.
before the close essed of again, with
final rates about to 8 points above
Saturday, aud at the best only steady"
The Liverpool market closed full
prices hard to obtain, spots and futures
unchanged.
A lot Of four hogsheads OF open kettle
sugar reached New Orleans last Satur.
day. 1! was Of fair quality, and ws
sold ct &c per pound. This was
the earliest arrival in many years.
Six barrels OF new open kettle mo.
lssses also arrived, and sold at s0s per
gallon.
As to coffee, the New Y ork CONNER.
c.al Bulletin concludes an article on
the berry, saying: "In any event, II lie
believed that whatever may be the
outcoms on crops not yet harvested
the present supply Is more than suffi
Gent for the requirements OF the mar.
ket, and that lie value must sink to a
level calculated 10 inspire more gen.
eral cor lepos at the consuming end
Of the trade"
Holdes are encouraged In the belief
that such articles as sugsrr, molasses
ard their products, most descriptions
OF spicee, rice, and to q considerable
extent teas, are at hard pan In the
market OF values, and In come cases
stand good chances OF improvement
on basis Of moderate and we'll con.
trolled supplies. As 10 canned goods
In New York, trade 10 brought to a
standstill by the unwillingness tf
packers to bind themselves by contract
to deliver goods upon which there Is
doubt Of their ability to pack, and
consequently sellers have Withdrawn
from the market.
KLIvAToR RIPoRTs.
Tho following shows the amount Of
grain received, Withdrawn and In sre
BY regular elevators, ~ reported 70 the
Merchants Exchange today: Wheat
Withdrawn, 90S bushels; In store,
5l,2l3 bushsls. Corn received 3i9l
bushels, withdrawn 3l37 bushels, In
store, 1901 bushels. 0Its received
642i bushels, Withdrawn 2i95 bushels,
In store, IL, $50 bushels.
IMPJRTs.
Nineteen bfls spples, OIL sks bran,
q pkgl butter. 467 rolls bsgging, ia
pigs bacon, 457 pkgs bootaAnd shoes,
1000 bu corn, pkgs cheese, $50 shs
coffee, l2,i36 sks cotton eeed, Is cars
cotton seed, 300 bids cotton ties, l25
bJls cement, 2O7 pkgs dry goods, 81
pigs eggs, 1871 brls aour, 1900 bales
hay, 50 pkgs hats, l26 head hogs, IS
head sheep, 90 head cattle, 2s head
horses and mulss, 252 pkgs lard, 1885,.
90 feet lumber, el pkgs liquors, 100
bbls meal, 500 keg, MALE, 1900 bu
oats, % brls onion, 662 brla pota'
toss, 80 bbls 20 K, IL cars polk hides,
b0 ukga rice OIL hria au0ar ola nkUa